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Posted by TopstepTrader on January 03, 2020

Oil Spikes, Equities Sell Off as Iran Vows Revenge

Just yesterday, we were celebrating market highs. And then everything changed. 

Last night (Chicago-time), the U.S. ordered an airstrike that took out a top Iranian general who, by most accounts, was...

Posted by TopstepTrader on January 02, 2020

Will Santa Show For Stocks?

ALL-TIME HIGHS! At least in Dow, Nasdaq and S&P Futures. Thanks Santa! 

But how much value does Santa really bring to the stock market after his rally? Well, according to the Stock Trader’s Almanac,...

Posted by Pat Crawley on December 08, 2019

The Complete Beginner's Guide to Market Internals

Looking at market internals is like looking under the hood of a car. From outside the vehicle, you can see a lot. If the car is making odd noises, if smoke is emitting from the exhaust pipe, and so...

Posted by Pat Crawley on December 01, 2019

3 Indicators ES Traders Need to Watch

The SierraChart platform alone has about 400 technical indicators, with hundreds more available to purchase from third-party vendors. Beyond the realm of technical indicators, you can use other...

Posted by Jack P. on November 12, 2019

31 Thoughts About the S&P  Hitting 3,100

Perhaps you noticed that the S&P 500 hit 3,100 for the first time today? If you did not, let me assure you that this is indeed a thing that happened (albeit briefly).

In no particular order, here are...

Posted by TopstepTrader on July 15, 2019

Earnings Take Spotlight with S&P 500 in Rally Mode

Here come earnings. Several large companies report over the next few days and then the floodgate on second quarter results opens wide next week. The S&P has been in rally mode heading into the...

Posted by TopstepTrader on July 13, 2019

S&P 500 Hits 3000: The Good, the Bad and the Ugly

We finally went ahead and did the damn thing! The S&P 500 broke through the 3,000 level for the first time ever this past Wednesday following some favorable talk on rate cuts from Federal Reserve...

Posted by TopstepTrader on June 11, 2019

Micro E-mini Futures Off to Strong Start

Smaller versions of popular stock index futures contracts started trading last month and they’re off to a respectable start. CME Group announced plans to launch the contracts a couple of months ago....

Posted by TopstepTrader on May 14, 2019

Trump Tariffs, Leisurely Trade Negotiations Tank Equities (Again)

President Trump’s Twitter feed, which has become perhaps the best leading indicator for equities lately, sent a strong sell signal last Friday morning after the President suggested that, “there was...

Posted by TopstepTrader on April 10, 2019

Earnings Season: A Boom or Bust for Equities Rally?

Time for earnings. Several large banks release results on Friday, and the floodgates on first-quarter reports open wide the following week. With the S&P 500 up sharply year to date, the rally will be...

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